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5029 47 St

47 St, Sylvan Lake, AB, T4S 1C5

-
Beds
-
Baths
2,304
Sq. Ft.
$799,000
List Price
Details
Photos
31
Comparables
History
5029 47 St, Sylvan Lake, AB - 1 of 3
5029 47 St, Sylvan Lake, AB - 2 of 3
5029 47 St, Sylvan Lake, AB - 3 of 3
122 days on market

Quick Summary

  • Prime investment just steps from Sylvan Lake beach.
  • 7-unit complex offers ideal revenue potential.
  • High-density development opportunities available.
  • Includes versatile unit configurations for tenants.
  • Property features a mix of one and two-bedroom units.
  • Select units equipped with in-suite laundry options.
  • Roof replacement completed in the year 2014.
  • Generates $7000 per month in rental income.

Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for... Show More

Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for high-density development. This multi-family gem comprises 5 one-bedroom units, each equipped with a well-appointed bathroom. Additionally, the complex features a two-bedroom unit with a bathroom and completing the ensemble is a bachelor suite totaling 7 suites. One of the suites is a basement suite with a washing machine, plus one of the suites has a washer and dryer. The roof was done in 2014. The strategic location and zoning create a solid foundation for capitalizing on the growing demand for housing in Sylvan Lake. Rents for $7000.00 per month. The adjacent lot MLS # A2104762 is for sale. (id:54626)

Property Details

Size

2,304 sq. ft.
0 Beds
0 Baths

Parking

7 Parking Spaces
-

Lot

Size
62′0″ * 102′0″
Acres
-

Build

Year Built
1964
Model Name
-
Basement
-
Exterior
-
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
A2104773
Last Updated
May 31, 2024
Brokerage
Royal Lepage Network Realty Corp.
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